Open Innovation in Practice: An Analysis of Strategic Approaches to Technology Transactions

Ulrich Lichtenthaler · 2008 · IEEE Transactions on Engineering Management

Summary. This study surveyed 154 companies to identify how firms actually practice open innovation through technology transactions. The research reveals that companies pursue distinct strategic approaches by balancing two activities: acquiring external technology and commercializing their own technological knowledge. The findings show that open innovation operates as an integrated process rather than separate acquisition or exploitation activities, providing the first large-scale empirical picture of how firms strategically manage technology transactions across their innovation processes.

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@article{lichtenthaler-2008-open-innovation-practice-analysis-strategic,
  title   = {Open Innovation in Practice: An Analysis of Strategic Approaches to Technology Transactions},
  author  = {Ulrich Lichtenthaler},
  journal = {IEEE Transactions on Engineering Management},
  year    = {2008},
  doi     = {10.1109/tem.2007.912932},
  url     = {https://doi.org/10.1109/tem.2007.912932}
}

TY  - JOUR
TI  - Open Innovation in Practice: An Analysis of Strategic Approaches to Technology Transactions
AU  - Ulrich Lichtenthaler
JO  - IEEE Transactions on Engineering Management
PY  - 2008
DO  - 10.1109/tem.2007.912932
UR  - https://doi.org/10.1109/tem.2007.912932
ER  - 

Details

DOI

10.1109/tem.2007.912932

Countries

Germany

Regions

Europe

Categories

innovation-theory, innovation-networks, general-innovation

Added

2026-04-28